Friday, March 14, 2008

If the record companies receive this tithe from the ISPs there is little hope of it ever reaching the artists (as recently proven by the news that the millions in damages won by the RIAA have not been disbursed to artists in any significant amounts). This is yet another desperate bid by the big 4 to shore up their failing profits and to forestall the collapse of their antiquated business model. As I've said before, the record companies need to break apart their various departments and go independent if they wish to survive in business.

To be remotely fair, the record companies would need to agree to some kind of no contest clause - so that regardless of what music content is shared online they would not attempt to interfere in any way with the natural order of P2P file sharing. They should be legally required to take the undeserved pound of flesh and shut the hell up.

Judging by this report and several others in the recent past, these talking heads know very little about anything and their primary role is to protect failing businesses by curbing progress and creativity. The welfare of the artists is not a significant consideration in any of these discussions or proposals.

It is reassuring to know how desperate they really are and that it is now and ever will be safe to download freely with roughly a 0.000488% chance of being shaken down by the so called 'content providers'. One day, we will all look back at this time and laugh, grimly, because there is little chance that human stupidity is on the wane...